Face++, a Chinese developer of facial recognition technology, raised $750 million at a valuation just north of $4 billion. Reuters reports that the company also has hired bankers for a Hong Kong IPO that's expected for later this year.

Why it matters: This comes just days after Human Rights Watch reported that Face++ technology is being used by the Chinese government to identify potential terrorists — an extensive and highly-subjective data collection process that has helped result in the detention of over 1 million Uighur Muslims in China's Xinjiang region.

Investor details: Bank of China Group Investment led with a $200 million infusion, and was joined by Macquarie Group, ICBC Asset Management, Abu Dhabi Investment Authority and return backer Alibaba.

The bottom line, via Axios' Dave Lawler: "It's been two years since the internment camps first came to light internationally, and a series of reports from Xinjiang have made vivid the scale of the abuses. Yet foreign governments and corporations are content to pretend it isn't happening."

Go deeper: State Dept. says China's treatment of Uighur Muslims worst "since the 1930s"

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8 hours ago - Health

Fauci says if people won't wear masks, maybe it should be mandated

Anthony Fauci. Photo: Graeme Jennings- Pool/Getty Images

NIAID director Anthony Fauci told CNN on Friday evening that if "people are not wearing masks, then maybe we should be mandating it."

Why it matters: Fauci made the comments the same day the U.S. hit its highest daily COVID-19 case count since the pandemic began.

Harris to Black voters: Casting a ballot is about honoring your ancestors

Democratic vice presidential nominee Kamala Harris speaks at a "Get Out The Vote" rally at Morehouse College. Photo: Elijah Nouvelage/AFP via Getty Images

Sen. Kamala Harris appealed to Black voters in Georgia on Friday, urging them to "honor the ancestors" by casting ballots, and again calling President Trump a "racist."

Why it matters: The U.S. saw a significant decline in African-American voter turnout between 2012 and 2016, reaching its lowest point since 2000. Higher turnout among Black Americans this year could tip the balance in favor of Democrats in key battleground states, including Georgia.

Updated 8 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Fauci: Trump hasn't been to a COVID task force meeting in months.
  2. Sports: The youth sports exodus continues — Big Ten football is back.
  3. Health: U.S. hits highest daily COVID-19 case count since pandemic began —AstraZeneca to resume vaccine trial in U.S.How to help save 130,000 lives.
  4. Retail: Santa won't greet kids at Macy's this year.
  5. World: Spain and France exceed 1 million cases.